Holiday shopping prices may change due to 90-day tariff pause [Video]

Holiday shopping prices could be dramatically different this year due to the global supply chain taking months for an item to go from an idea to on the shelf.”Two to three months to produce and ship,” said Adam Hill, CEO of Scarbrough Global. “How do you sell today? Not knowing what your price is going to be when the cargo actually arrives into the United States in 60 to 120 days from now.”Scarbrough Global is a local company that helps thousands of companies import products to the U.S., Canada, and Mexico. Hill said the pause on reciprocal tariffs provides immediate relief.”It’s more of the uncertainty,” Hill said.Tariffs are paid before a tanker ship leaves port. Any product already on the water doesn’t pay. It’s new items loaded and arriving in about two weeks in the U.S. that will see the increase.”If it’s moving from China today, it has this now …